Slight improvement in SOE audits is 'nothing to celebrate' :

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Slight improvement in SOE audits is ‘nothing to celebrate’
AG releases report into audit outcomes of national and provincial departments as well as the entities under their control.
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Auditor-General says irregular expenditure accumulated over many years and not yet ‘dealt with’ stood at more than R262bn at year-end. Image: Moneyweb
Earlier this month, South African Airways’ (SAA’s) business rescue practitioners Siviwe Dongwana and Les Matuson told parliament’s Standing Committee on Public Accounts (Scopa) that the airline’s 15-month-long business rescue process has been successful.
Dongwana and Matuson said the airline is now “solvent and liquid” following over a decade of loss-making and mismanagement.

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